About This Report

Abstract:

Pilipino Telephone Corporation (PILTEL), a provider of mobile telephone services, has sold 154.2 million of its common shares in Manila Electric Company (Meralco), a power distribution and transmission company), to Beacon Electric Asset Holdings, Inc. for PHP23,130 million ($515.56 million).

Following terms and conditions apply: All charges are made in USD. Actual charge to your credit card may deviate due to the currency exchange and Bank fees from your financial institution as some banks and credit cards impose fees for international transactions outside the United States. If you have any questions about these fees or the exchange rate applied to your booking, please contact your bank.